Midway through 2016 and the industrial market continues to grow. Once again average lease rates have increased slightly to $9.41 per sq. ft. and the vacancy rate has decreased slightly to only 4.4%. In our opinion, many of the available industrial properties are either overpriced and/or have functional challenges. The largest lease transaction of the…
DetailsGlobal logistics company, Seafrigo, expands to Miami warehouse just-in-time for new Panama Canal. July 2016 – We are pleased to announce that Seafrigo, a global logistics company, is expanding their logistics services into the South Florida market, just-in-time for the new Panama Canal. Seafrigo is headquartered in France and specializes in the food logistics…
DetailsSince being founded in 1979, the ComReal Companies have celebrated their anniversary every year on this date. Today, May 30th, is ComReal Red Day!! The ComReal Miami commercial real estate company boasts years of experience and longevity – serving local, national and international clients for over 3 decades. To learn more about our company, please…
DetailsAs 2016 chairman of the Commercial Alliance for Florida Realtors, Ed Redlich’s primary goal for the year will be to reduce or eliminate the sales tax on commercial lease agreements. “Our biggest goal is getting the state sales tax reduced on commercial leases. It’s not fair. A sales tax on property taxes is double taxation,”…
Details2016 commences with strong activity in Miami’s industrial real estate market. The average lease rate has increased to $9.24 per sq. ft. and the average vacancy rate has decreased to 4.5%. The largest lease transaction of the 1st quarter was Amazon.com’s deal for the entire Building #5 of 180,000 sq. ft. at South Florida Logistics…
DetailsApril 2016 – Ed Redlich and Chris Spear with ComReal Miami have successfully sold 14.7 acres in the Homestead Park of Commerce in Homestead, Florida. The seller was Homestead Park, LLC represented by ComReal and the new owner is Dunham-Bush USA, LLC who was represented by Grove Properties. The sales price was $3,100,000 or about…
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